Why is it a good idea?
Bumps, scrapes and bruises. We all got them as kids - they're all part of growing up, after all. You might shed a few tears, but they're nothing serious. However, there are some things that can happen to children that could have a life-changing effect on the whole family. A critical illness is one of them.
Caring for an extremely poorly child can involve serious costs. Just think - you may want to leave work to care for them. There could be a whole host of unforeseen expenses, heaped on top of your usual outgoings. All of which could cause you untold worry when you already have more than enough to worry about.
How does it work?
If you have Life Protection, or Critical Illness Protection, you can add Children's Critical Illness Protection to it. Unlike some other life and critical illness policies, it's not automatically bundled in, so you don't pay for it if you don't want it.
It covers a range of serious, life-changing conditions, and we pay out a lump sum. Money to help you cope and concentrate on the most important thing - being there to care.
To find out exactly what suits your needs best, speak to a Financial Adviser.